WISHING YOU A VERY HAPPY & PROSPEROUS NEW YEAR 2011

WISHING YOU A VERY HAPPY & PROSPEROUS NEW YEAR 2011

HOPE NO ONE IS LEFT OUT OR MISSED THE RALLY HOPE ALL ENJOYING THE RALLY WITH TIMELY UPDATE

ONE CAN START BOOKING PROFIT IN 3-4 PARTS ON RISE ... WILL UPDATE SOON ON WHEN TO TAKE SHORTS @ ?? SL ?? TARGETS

ALL STOCKS AND NIFTY ROCKING .... ENJOY .....

NIFTY / DLF / IBREALEST / HCC / EDUCOMP / SESAGOA / BALRAMPUR CHINI / DELTACOP ...

EXCEPT LITL ALL STOCKS AND NIFTY ROCKING

ENJOY....

OM SHRI GANESHAYA NAMAH

INTRADAY BUY DLF ONLY ABOVE 288.50 STOPLOSS 284 TARGET 293 / 295 / 298 "CASH LEVELS"

NIFTY DAILY OUTLOOK DEC 30, 2010

On Wednesday, market opened on positive node and traded higher in the range thru out the day with buying across all the indices and closed up in green. Major buying interest was seen in FMGC, Metals and Banks. Volume for the day was higher then previous trading session. Market breadth was positive. Midcap index and Small caps index closed up in green.

For the day, the level of 6045 and 6015 may act as a major support for the market and the level of 6085 and 6115 may act as a major hurdle. Market may attract buying and be cautious at higher levels.

Medium term trend will turn positive above the level of 6065.

"Spot Levels" Day trader can go long on nifty above 6085 with stop loss 6060 for target 6115 / 6145 and can go short below 6045 with stop loss 6070 for target 6015 / 5985.

Index Range

Nifty: 6060.35
Range: 6015-6115
Resistance: 6085-6115-6145
Support: 6045-6015-5990

Bank Nifty: 11612.90
Range: 11450-11790
Resistance: 11680-11740-11790
Support: 11570-11510-11450

Short term: Up (5970)
Medium term: Down (6065)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  1768.80-1221.22= +547.58
DII:  803.82 - 974.16=   -170.34

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

NIFTY SPOT SUSTAIN ABOVE 6045 WILL TRY FOR 6060 / 6073 / 6090

INTRADAY BUY DLF ABOVE 288.50 STOPLOSS 284 TARGET 293 / 295 / 298 "CASH LEVELS"

INTRADAY BUY DLF ABOVE 288.50
STOPLOSS 284

TARGET 293 / 295 / 298

"CASH LEVELS"

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK DEC 29, 2010

On Tuesday, market opened on positive node and traded in the narrow range thru out the day and closed down flat in red. FMGC, IT and Pharma attract buying whereas Oil & Gas, Auto, Capital Goods and Banks traded week. Overall it was slightly volatile trading session. Volume for the day was lower then previous trading session. Market breadth was negative. Midcap index and Small caps index closed up in green.

For the day, the level of 5965 and 5940 may act as a major support for the market and the level of 6025 and 6050 may act as a major hurdle. Market may attract buying.

Medium term trend will turn positive above the level of 6065.

"Spot Levels" Day trader can go long on nifty above 6025 with stop loss 5995 for target 6050 / 6080 and can go short below 5965 with stop loss 5995 for target 5940 / 5910.

Index Range

Nifty: 5996
Range: 5940-6050
Resistance: 6025-6050-6080
Support: 5965-5940-5910

Bank Nifty: 11427.30
Range: 11230-11630
Resistance: 11515-11570-11630
Support: 11350-11290-11230

Short term: Up (5970)
Medium term: Down (6065)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  1328.12-1219.09= +109.03
DII:  716.35 - 981.71=   -265.36

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

MARKET VERY BULLISH AVOID SHORT IN MARKET